Investment Market Update
Asian stocks started February with a recovery from a three day sell-off, as investors decided the outlook for growth and corporate earnings was strong enough to quell concerns about the recent jump up in bond yields.
US stock markets concluded slightly higher on Wednesday as indices gave up early gains after the US Federal Reserve said it sees inflation rising this year, signalling it remains on track to boost interest rates again in March.
UK stocks closed below its 50-day moving average. The stock benchmark fell 0.7 percent today to 7,533.55 and had a total return of -2 percent this year.
- Facebook Inc. shares reversed course to show gains in late trading Wednesday after the company reported double-digit advertising price growth amid massive changes to its core product.
- Japan's Nikkei share average rose on Thursday, rebounding from a six-day losing streak and pushing most sectors into positive territory, as a weaker yen and upbeat corporate earnings drove the benchmark index higher.
|FTSE All Share||4,137.66||-0.70%||-2.00%||9.00%|
|FTSE Small Cap||5,897.77||0.50%||-0.20%||14.90%|
|St. James's Place||1,188.50||-1.10%||-3.10%||20.90%|
|Euro Stoxx 600||395.46||-0.20%||1.60%||7.70%|
|Dow Jones Ind||26,149.39||0.30%||5.80%||25.10%|
|MSCI AC Asia Pacific||184.028||-0.30%||5.90%||28.70%|
|MSCI World (Developed)||2,213.24||0.00%||5.20%||20.10%|
|MSCI AC World (Dev & Em)||541.673||0.00%||5.60%||21.60%|
|MSCI Emerging Markets||1,254.59||0.60%||8.30%||34.20%|
|MSCI AC World Value||234.585||-0.10%||4.70%||15.20%|
|MSCI AC World Growth||294.611||0.20%||6.40%||28.30%|
|FTSE Gilts All Stocks||3,517.43||-0.20%||-2.00%||3.00%|
|FTSE Index Linked All Stocks||630.09||-0.70%||-2.70%||2.30%|
|ML Sterling Corporate Bonds||398.104||-0.20%||-0.70%||5.70%|
|ML Global High Yield Bonds||382.729||0.20%||1.40%||9.70%|
|Brent Crude Oil||68.89||0.50%||3.70%||14.50%|
|Consumer Goods and Services||21,328.40||-0.50%||-4.60%||13.60%|
|Oil & Gas||8,900.38||-1.10%||-1.80%||6.00%|
|$ per £||1.4143||-0.30%||4.70%||9.50%|
|€ per £||1.1401||-0.20%||1.30%||-4.00%|
|¥ per £||153.916||-0.80%||1.10%||5.30%|
|VIX Index (Volatility)||13.54||-8.50%||22.60%||-21.40%|
|Baltic Dry Index||1,152.00||-3.30%||-15.70%||42.14%|
|BoE Base Rate||0.50%|
|LIBOR (3 months)||0.52%|
|Consumer Price Index||3.00%|
|Retail Price Index||4.10%|
|Yields / Ratios|
|FTSE 100 Adj P/E||20.26103|
|FTSE All Share Adj P/E||19.68672|
|FTSE All Share Yld||3.85%|
|15yr Gilt Yield||1.76%|
|10yr Gilt Yield||1.51%|
|10yr US Tres Yield||2.71%|
Market prices will reflect the last closing prices with the exception of the Asian markets which may be still trading at the time the data is obtained. The data for these markets is therefore a snapshot of live trading data obtained between 06.45 and 07.15 GMT. Growth is shown cumulative and is not annualised. A positive currency movement indicates the £ appreciating against the other currency. Performance data does not account for the re-investment of dividends. This information has been reproduced by kind permission of Bloomberg and does not necessarily reflect the opinions of St. James's Place Wealth Management. St. James's Place considers the information to be reliable but it is not intended to provide a sufficient basis on which to make an investment decision.
Source: FTSE International Limited ("FTSE") © FTSE 2018. "FTSE®" is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence. All rights in the FTSE indices and/or FTSE ratings vest in FTSE and/or its licensors. Neither FTSE nor its licensors accept any liability for any errors or omissions in the FTSE indices and/or FTSE ratings or underlying data. No further distribution of FTSE Data is permitted without FTSE’s express written consent.
Source: MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, endorsed, reviewed or produced by MSCI. None of the MSCI data is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such.